Loan Comparison: 5.22% vs 6.5%
14540 Hudson, Thornton, CO 80602 · 4bd/4ba · $724,999
List Price
$724,999
Assumable Rate
5.22%
Remaining Balance
$596,521
Equity Gap
$127,600
Loan Type
FHAAdjust Your Scenario
$36,250
$36,250$127,600
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 5.22% (FHA)
Blended Rate: 5.66%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,353/moAssumable @ 5.22% + gap loan
$3,985/moAssumed loan: $3,283/mo
Gap financing: $702/mo
$368less per month with the assumable
Your Savings on This Property
14540 Hudson, Thornton · 5.22% FHA vs 6.5% conventional
$368
per month
$4,416
per year
$132,489
over 30 years
$131,611
interest saved
How gap financing works: The equity gap ($127,600) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($36,250, 5% of purchase price) and a second mortgage for the rest ($91,350 at 8.5%). Even with two payments, the blended cost is typically much lower than a new conventional loan. We work with lenders who specialize in assumption gap financing.
🏠
Back to This Listing
View photos, details, and request a showing for 14540 Hudson.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.